Gemini

The U.S. federal antitrust trial is heating up, and at the center of the storm is one of the most widely used digital tools in the world – Google Chrome. According to Gabriel Weinberg, CEO of rival search engine DuckDuckGo, Chrome could be worth up to $50 billion if a court forces Google to sell it. 💥

🔹 The trial: The U.S. Department of Justice, along with a coalition of states, argues that Google holds an illegal monopoly over online search, and the most radical – yet most effective – solution could be to separate Chrome from the rest of the company.

🔹 Potential buyers are already interested: AI-driven companies like OpenAI and Perplexity have already expressed interest in acquiring Chrome if it hits the market. OpenAI, for example, currently uses Microsoft’s Bing to fetch search results for its chatbot ChatGPT.

🔹 Weinberg’s estimate: During the hearing, DuckDuckGo’s CEO estimated Chrome’s value based on its massive user base and global reach. While calling it a “back-of-the-envelope” estimate, he suggested the browser could fetch as much as $50 billion – far exceeding a previous valuation of $20 billion by Bloomberg analyst Mandeep Singh.

🔹 Google pushes back: Alphabet, Google’s parent company, is not voluntarily offering Chrome for sale and plans to appeal any ruling that finds it guilty of maintaining a monopoly.

🔹 AI as the new weapon in the search war: U.S. prosecutors argue that Google’s dominance in search also gives it an unfair advantage in artificial intelligence, allowing it to steer users back toward its main advertising business. Tools like Google Gemini could further entrench this dominance.

🔹 Tensions with OpenAI: Court documents revealed that Google rejected OpenAI’s request for access to its search API. According to emails presented during the hearing, Google declined the request in August, citing concerns that the deal would “involve too many competitors.” OpenAI responded that access to the API would help it “deliver a better product” to users.

What Happens Next?
Judge Amit Mehta is currently weighing possible remedies – from minor product adjustments to the drastic step of forcing Chrome’s sale. His decision, expected later this year, could determine whether one of the world’s most popular internet gateways stays under Google’s roof or finds a new owner. 🌐

#Google , #AI , #OpenAI , #Technology , #Gemini

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According to OpenAI CEO Sam Altman, the next version of the ChatGPT artificial intelligence language model is only a few months away.

In his latest roadmap, published on X's website on February 12, Altman said the artificial intelligence company will first release GPT-4.5, he said. After that, our main goal is to combine the o-series and GPT models and create a system that can use all of our tools, knows when to think long and when not to, and is generally useful for a very wide range of tasks, he
With ChatGPT and our API, we will release GPT-5 as a system that integrates many of our technologies, including o3. In the future, we will not ship o3 separately, Altman added.
OpenAI's OpenAI's o3 is an inference model that attempts to test itself against people misunderstanding facts or misinformation.
January 31, the company released o3-mini, an #AI model specifically designed to enhance reasoning capabilities in tasks related to math, coding and scientific analysis.
Altman did not give an exact release date for GPT-4.5 or GPT-5, but told User X that GPT-4
Altman also said that free users can also use GPT-5, but there will be an abuse #threshold while premium and professional users will be able to run GPT-5 with a higher level of intelligence. He said the AI race has escalated as rival DeepSeek has similar functionality to ChatGPT and threatens the U. S. stock and #cryptocurrency markets.
Microsoft and OpenAI confirmed that data from the ChatGPT API was In December, Google's DeepMind Labs announced a new artificial intelligence model, #Gemini 2.0.
Last November, In the Wall Street Journal podcast The Future of Everything, Marc Benioff, CEO of U. S. cloud computing software company Salesforce, predicted that the future of AI is less about large-scale language models and more about autonomous agents. He predicted that the future of AI will be less about large-scale language models and more about autonomous agents.
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AI predicts XRP price on March 1, 2025 To predict the price of XRP on March 1, 2025, Finbold turned to an AI prediction tool to understand how the digital asset would trade.

According to data received on February 16, the average predicted price was $2.79. The predicted average price was $2.79, up 2.19% from the current value. Among the models, OpenAI's ChatGPT-4o is forecast to rise 2.56% to US$2.80, citing bullish momentum, moving average crossover and positive market sentiment. On the contrary, ChatGPT-4o Mini forecasts a 10% decline and sets a target price of USD 2.45. While recognizing bullish signals, it warns that volatile market conditions could put pressure on XRP:
Claude 3.5 Sonnet has the most bullish outlook, predicting a 15% rise from $3.15, thanks to the golden cross, increased trading volume and regulator #optimism .
Meanwhile, #Gemini 1.5 Flash believes #XRP will trade around $2.75 on March 1, acknowledging bullish momentum but cautioning against broader economic uncertainty.
AI's forecast is conservative, but analysts believe XRP will rise. In particular, trading expert Ali Martinez noted in an analysis published on February 16 that the next target for XRP could be the $3.35 level.
This Forecast is based on the fact that XRP seems to follow a bullish "cup and hand" pattern that historically precedes growth. This pattern consists of rounded "cups, which are periods of accumulation after a downtrend, followed by a small pullback known as a "handle.
If buyers intervene, they could push the price of XRP above current levels and cause a new spike to $3.35 per barrel. This could potentially trigger a new jump to USD 3.35. However, if bears intervene, XRP could face a temporary pullback and be forced to retest the USD 2.50 support line before attempting a new breakout.
At the same time, as reported by Finbold, another TradingShot analyst and trading expert, noted that the current movement of XRP could reflect the parabolic movement of 2017.
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#CryptoMarketTrends #CryptoTrends

The US Securities and Exchange Commission has closed its investigation into Gemini without charges, but co-founder Cameron Winklevoss has called for the regulator behind the crackdown on the cryptocurrency market to be fined.

the US Securities and Exchange Commission closed its investigation into #Gemini without filing charges. It decided to close it, joining a series of investigations that concluded this week. The commission also closed investigations into Open Sea, Robinhood and Uniswap, signaling a change in approach to #cryptocurrency companies. Despite this, Gemini co-founder Cameron Winklevoss is not satisfied. He wants tough punishment for regulators who have been hostile to the crypto industry for years and accountability for the damage done.
The SEC's decision to drop the charges against Gemini is an important development, but Mr. Winklevoss doesn't think it's enough to undo the damage done. Mr. Winklevoss doesn't think it's enough to undo the damage done. He says the SEC sent Gemini a Wells Notice of Possible Use of Force almost a year ago, but no formal charges have been filed. The closing of the case is part of a general trend of the SEC backing off its aggressive stance toward cryptocurrency companies: the SEC recently settled a case with #Coinbase and is preparing to settle civil fraud cases involving Tron; the SEC also suspended its case against #Ripple , which technically remains pending; and the SEC also filed a motion to dismiss the case against Gemini.
The SEC has shut down several cryptocurrency investigations, but Winklevoss remains critical of the Commission's actions in the past.
He noted that although the investigation into Gemini was closed, the company had to pay a $5 million fine to the CFTC and its business partner Genesis was fined $38 million. Mr. Winklevoss argued that the SEC's actions were harmful to Gemini and the crypto industry as a whole, and that the SEC's actions are stifling innovation in the U. S.
Mr.

According to Mr.
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#FinTechInnovations

The cryptocurrency market has been buzzing with activity lately. On-chain data shows a sharp increase in Bitcoin accumulation, similar to the accumulation phase in 2020 that led to Bitcoin's surge to $64,000 by April 2021. This hints that we might be on the brink of another bull run. 
In a surprising development, what initially seemed like bad news for the cryptocurrency market led to massive rallies in related memecoins. This was triggered by the final verdict in former US President Donald Trump's case, where he was found guilty of all 34 counts of falsifying records to cover up a sex scandal.
As always, we've gathered the top cryptocurrency stories from the past week. In this recap, we'll explore six intriguing developments you might have missed.
For transparent and decentralized crypto trading and to list your crypto token for free, don’t forget to visit our website and follow Melega Finance (@melegaexchange) on Twitter for more on all things cryptocurrency.
TOP CRYPTO NEWS RECAP (May 26–June 1, 2024)
●      Binance Founder CZ Starts 4-Month Prison Sentence for Money Laundering
●      Biden Vetoes Repeal of Crypto Accounting Rule
●      Judge Dismisses DEBT Box Case, Orders SEC to Pay $1.8M in Fees
●      Hong Kong Bans Unlicensed Crypto Exchanges
●      Terraform, Do Kwon Near Fraud Settlement with SEC
●      Gemini Reimburses $2.18 Billion to Earn Users
Binance Founder CZ Starts 4-Month Prison Sentence for Money Laundering.
Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, has reported to a low-security federal prison in Lompoc, California. His legal team at Latham and Watkins confirmed that Zhao is serving a four-month sentence for money laundering charges. 
The crypto community praised Zhao's move, viewing it as a protective measure for the Binance exchange. Following his release, Zhao plans to continue his involvement in cryptocurrency, focusing on passive investing. Despite facing an initial three-year recommendation, Zhao was sentenced to four months and fined $50 million.
Biden Vetoes Repeal of Crypto Accounting Rule
U.S. President Joe Biden vetoed a resolution to overturn the SEC's Staff Accounting Bulletin No. 121 regulating cryptocurrency holdings. Biden cited the need to protect consumers and investors and stated that reversing the guidelines would undermine the SEC's authority. 
The decision faced sharp criticism from the crypto industry and lawmakers, who argued it stifles innovation. Despite bipartisan support in Congress for the repeal, Biden emphasized his commitment to maintaining financial security and regulatory oversight.
Judge Dismisses DEBT Box Case, Orders SEC to Pay $1.8M in Fees
A federal judge has dismissed the SEC's case against Digital Licensing, doing business as DEBT Box, and ordered the commission to pay $1.8 million in attorney and receivership fees. 
The May 28 ruling by Judge Robert Shelby in the U.S. District Court for the District of Utah follows a March finding of SEC misconduct related to a temporary asset freeze. DEBT Box claimed the SEC's information was inaccurate, leading to this significant win for the firm. The SEC cannot proceed with the case as it stands.
Hong Kong Bans Unlicensed Crypto Exchanges
Hong Kong has mandated that all cryptocurrency exchanges without an operational license from the Securities and Futures Commission (SFC) must cease operations immediately. This regulatory crackdown aims to enhance investor security and transparency in virtual asset trading.
Exchanges had until February 29 to apply for a license, with a three-month window to comply. Major exchanges like OKX and Huobi HK exited the market in May. As of May 31, only HashKey and OSL Exchange have received approval, with more decisions expected by June 1.
Terraform, Do Kwon Near Fraud Settlement with SEC
Terraform Labs and former CEO Do Kwon are close to settling fraud charges with the SEC. Both parties are expected to submit the final settlement terms for court approval by June 12, 2024. The SEC accused Terraform and Kwon of misleading investors about the stability and investment potential of TerraUSD (UST) and other tokens. 
The settlement follows a civil case in which they were found liable for defrauding investors. This proposed settlement addresses significant financial penalties and Kwon’s future roles in securities-issuing entities.
Gemini Reimburses $2.18 Billion to Earn Users
Gemini has reimbursed users of its defunct Earn program with $2.18 billion in digital assets, covering 97% of the owed amounts. This payout followed a settlement with Genesis Global, a former partner in the program. 
Genesis had filed for bankruptcy after halting withdrawals amid a liquidity crisis. Gemini's settlement ensures users receive 100% of their assets, including any appreciation. New York Attorney General Letitia James secured a $2-billion settlement with Genesis to address fraud claims, mandating the return of investor funds and cessation of its New York operations. 
NEWS FROM MELEGASWAP
MARCO Token: Presale Concluded and Launched on Uniswap
The $MARCO token, the native cryptocurrency of the Melega Finance ecosystem, has successfully concluded its presale on GemPad and is now available for trading on Uniswap through the Base Chain. 
Melegaswap, the leading AMM DEX on the Binance Smart Chain (BSC), will expand to multiple blockchain networks in the coming weeks. We continue to provide a user-friendly trading experience and robust project support.
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Risk warning: Cryptocurrency investment or trading is subject to high market risk. Hence, you might lose your money in the process. Please do adequate research and plan your investments cautiously. We at MelegaSwap will always make the best efforts to list high-quality and potential coins, but we will not be responsible for your losses.
#MelegaSwap #melega #melegamarco #dex #gemini